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, defense and other programs enacted last year, which stay in place over 10 years. and if they'd like to go beyond that or do it differently, they need to tell us what they propose and we'll look at it. >> one of the things they talk about here, you have four times as much in new revenue as you do in spending cuts. >> that's just political math. not real math. we have enacted $1 trillion in spending cuts last year. they are hard savings. we are living with those and we will be for 10 years. we proposed an additional $600 billion in spending cuts. detailed reforms. very difficult reforms over time alongside that. and alongside those changes and the savings from ending the wars -- >> do you specify spending cuts as part of this deal? >> detailed reforms that add up to $600 billion. i'll give you some examples. we are reforming farm subsidies. it makes a lot of sense. in health care, modestly increase premiums for high income beneficiaries of medicare. it makes sense. makes the government much smarter for how they buy medicine for people under medicare. those are just three examples. but there
? our money pros give you strategies for dividend payers. does the defense industry have any defense if we go over the fiscal cliff and it's starved of billions of dollars in contracts or are massive job cuts unavoidable and on the horizon? then that millionaire next door, he may no longer be a millionaire, or she f we go over the fiscal cliff. our wealth editor robert frank tal lis up the casualties coming up. you're watching "closing bell" on cnbc. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. a passionate belief, and the foundation on which merrill lynch has been built. today, our financial advisors lead from a new position of strength. together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life. that's the power of the right
's "chalk talk." massive defense budget cuts not even part of the discussion so far about the fiscal cliff. those cuts are set to go into affect in three weeks. admiral james lyons joins us in just moments. [ male announcer ] with over 50 delicious choices of green giant vegetables it's easy to eat like a giant... ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps blo stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ lou: welcome back. we are talking about the disco cliff. we are going to turn to advance inhe middle east and the united nations this week. judy miller, joe trip be, and rollins. i wanted just go back to the fiscal cliff just for a second. that is, the republican messaging, if you will. they have an opportunity here, it seems to me, as well as a problem, but i don't hear creative, imaginative, if you will, rhetoric or language or positioning or messaging. >> we
defense budget cuts not even part of the discussion so far abt the fiscal cliff. those cuts are set to go into affect in three weeks. admiral james lyons joins us in just moments. is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. atanasonic, we're driven to make what matters most better. just another way we're engineering a better world for you. ♪ lou: welcome back. we are talking about the disco cliff. we are going to turn to advance in the middle east and the united nations this wee judy millr, joe trip be, and rollins. i wanted just go back to the fiscal cliff just for a scond. that is, the republican messaging, if you will. they have an opportunity here, it seems to me, as well as a problem, but i dn't hear creative, imaginative, if you will, rhetic or language or positioning or messaging. >> we have been for about three years now. so i think there's
a different view. the defense minister argued that exports to saudi arabia could help stabilize the situation in the middle east. we spoke to a defense analyst. i asked him how likely it is that saudi arabia could use these german tanks to put down uprisings and crush dissent. >> the boxer tanks which are discussed today are an armored vehicle used for transport purposes, not so much for riot control. it is a german-dutch corp. project. it is used mainly for the transportation to protect against insurgents in afghanistan. it is not designed so much for riot control or to control insurgencies, but more to protect the forces of germany and other countries in the field. >> the opposition is accusing the government of flouting court -- german guidelines. is that fair to say? >> the current policy guidelines for arms export in germany go back to the red green government a couple years ago. the current government is more or less responsible for the current guidelines. there is room for improvement. one of the points is that the arms export report is published one year after the actual decisions abo
. in a nutshell, women are angry, they're also defensive." women are angry and defensive. you need proof? go up to any single woman and say "the reason you're not married is because you're angry and defensive." (laughter) and not only -- (applause) not only are today's shrill haarpys scaring good quality men away from marriage, but also making these men deadbeats! banker says the rise of women has pissed men off and underundermineded men's ability in the hopes of someday supporting a family. men want to love women, not compete with them! yeah, men hate women who compete with them! that's why it's so rare for men to be attracted to women in the workplace. (laughter) i mean, what man wants a woman providing the money while he stays home to do what? witness his child taking its first steps? i mean, people before and, frankly, babies aren't that good at it. (laughter) men want paperwork! we want a grinding commute to sit in the cube = all day long taking crap from from from that jerkoff rick! (laughter) luckily banker sees a way to liberate women and men from these liberated women. all the ladies h
cuts and tax increases but spending cuts particularly in defense. they don't want that. >> explain why what they agree on -- namely that the middle class, 98% of all taxpayers, that their taxes will stay the same, they will not go up. if everyone agrees at least on that, the president says, go ahead and pass that. why not just eliminate the 98% who won't have any changes, those making under $250,000? why not allow that to go forward? why are the republicans resisting on that. >> it could wind up there, wolf. but if the republicans lose that, they believe they kind of lose the leverage that they have. if they sort of give on that, then where's their leverage with the white house? so i think that in the end, wolf, if i had to bet -- and i don't like to bet on these things because they always disappoint -- but i would have to say that the one thing they are all likely to do at some point is to make sure the taxes do not go up on the middle class. but in order to do that, republicans want to get some concessions for that. it seems very easy to do that. democrats have done it in the past. a
of >> ama: people in menlo park are doing defensive driving after true blew down. it came down with enough force to take down a small brick wall. crews cut the branches to clear the roadway. nearby an unrelated power outage left drivers without signal lights for an hour in the afternoon. >>> take a look at what's going on in vallejo. these scenes are from a trailer park. there's a lot of water with no place to go except into the park, and into trailers. several residents have evacuated the area. some cars didn't quite make it out. no injuries that we know of, but that water will be there for some time. >>> a live look from the east bay hills, looking back over san francisco. meteorologist leigh glaser is up next with how long our break in the rain will last. >> coming up in sports, the sun came out for the raiders, but could they people, with their first win in a month? >> the 49ers' colin kaepernick coolz off in >> ama: the recent series of storms dumped a lot of rain in wine country. the napa with waters swelled during the storm. reporter: and now it's all downhill from here. the water i
. >>> five challenges to the defense -- five challenges of the defensive marriage act are being challenged. >>> no sign of a compromise on the taxes. the treasure secretary's latest threat. >> reporter: with the clock ticking in washington in the fiscal cliff looming closer by the day. the treasure secretary says the white house will only agree to a plan that including higher tax rates. >> if they are going to force higher rates on virtually all- americans, because they are want thing tax rates to go up on 2% that is a choice they will have to make. >> calling for an additional $1.6 trillion in tax revenue. cuts to medicare and $50 billion in stimulus spend approximating. he insists the bush tax cuts must expire for the healthyy individuals. >> it is carefully designed mix of savings and tax reforms to put us back on a path to stabilizing our debt and living within our means. >> the republicans did not welcome the proposal. >> i was disappointed by the proposal. i think it say rerun of the budget proposal. the revenue is 1.6 trillion in revenue and tax increases. >> and expressing frustr
but if you can hold 7.106, with a bed in a day. >>host: ramwhere it is going to go. >>guest: the defense is ok, and in certain instances in the game when they need them. they get the turnover, a fumble and texas on the other hand, carry a balance, very thin defense some of their relief from to make the run this year so we will see come when they get the they are probably going to see tom brady and the patriots coming to town. >>host: we're in the month for all a beautiful fall the same colors, there are gone and this is cold the flood the need to remind yourself that there is formed around the color but there is light from the corner and an incredible sherpa throw? if you ever experienced a sharp with the l give it a try. great suppers, foods that everybody wears, the shirt of material that is on the inside, that is what this is. it is one of the most beloved, the best experiences will ever have in a blanket and the fact that it is completely machine washer all makes this a throw to live in where and to take to the game and to put it in the backseat of a into use as a picnic blanket or
bankruptcy. >> reporter: if a deal is not reached, taxes go up and spending will be clashed. defense contractors are sending the message to lawmakers those cuts would damage the military industry and weaken national security. the ceo of task, a company that develops aviation systems and software for intelligence agencies: >> over 50% of the defense budget is procuring services and services are underscored by jobs. so of course there will be job loss if you have cuts. >> reporter: the cliff hits at the end of the year. but congressional leaders say a compromise needs to be figured out in the next couple of weeks so lawmakers have enough time to debate and pass it. in washington, danielle nottingham, cbs 5. >>> so if democrats and republicans do not reach a deal, the tax policy center estimates the average american will have to pay nearly $3,500 more in taxes next year. >>> still ahead, there's a royal bun in the oven. but things aren't going so well for the duchess of cambridge. the latest on her condition in a london hospital. >> and was it a freak accident or a preventible problem?
will be done in coordination with u.s. forces. defense officials in seoul are also considering raising the country's alerstatus by one notch. japan's self-defense forces are on the alert in advance of this possible missile launch. the maritime sdf vessel carrying pac-3 missile interceptors has left its home port in hiroshima bound for okinawa. the pac-3 surface-to-air missiles are capable of shooting down debris should it come near the ground. the interceptors will be placed at several sites in okinawa. defense ministry officials expect the missile's flight path could take it over the islands of okinawa. commanders say they'll deploy aegis cruisers in those waters. they say they would only react if debris from a missile fell over japanese territory. >>> investigators are trying to understand why a highway tunnel near tokyo collapsed. panels on the tunnel's ceiling gave way, trapping people inside. nine people were killed. the accident happened sunday morning along a highway connecting tokyo to other parts of central japan. operators say bolts holding up concrete panels on the ceiling m
you very much. mr. president. >> meanwhile as nato prepares to deploy patriot missile defenses to turkey, hillary clinton warns syria against moving its chemical weapons. >> this is a red line for the united states. i'm not going to telegraph in any specifics what we are would do in the event of credible evidence that the assad regime has resorted to using chemical weapons against their own people, but suffice it to say, we are certainly planning to take action if that eventuality were to occur. >> and while washington buzzes over this video tribute to clinton, some are asking is it a farewell to the secretary or prelude to 2016? honoring the icons. politics meets hollywood. a tribute to the arts. president obama finds a way to salute an eclectic group of honor honorees. >> we've got my guy sitting next to dustin hoffman. dave letterman alongside one of the greatest ballerinas of all time. i couldn't think dave dances. there's no smooth transition from ballerina to led skep lin. they redefine the rock and roll lifestyle. we do not have video of this. there was some hotel rooms
straight ahead. >> i'm ready for bullishness! >> she's feisty. >>> the defense sector is in the line of fire for billions of cuts. we'll talk to the ceo of one company how he's preparing for a falloff later in the "closing bell." [ male announcer ] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. it has 7 antioxidants to support cell health. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. >>> welcome back. technology a bright spot, thanks largely to a move in dell. >> that's right. a rare bright spot in tech today. dell shares outperforming goldman sachs, upgrading two notches from sell to buy, net cash levels provide an opportunity for leveraged buyout. take a look at rese
of defense and spending cuts will be automatically enacted. excuse me, that fiscal cough i told you about. the alternative minimum tax kicks in and put it all together and the results are pretty. the economy would contract by half a percent in 2013. unemployment would raise to 9.1% and the economy would experience what cbo said would be judged as a recession. but after that, then things start to look pretty good. the cbo says after next year by the agency's estimates economic growth will pick up. the labor market will strengthen returning output to its potential level. 5.5% by 2018. essentially if no deal is struck, the federal government would be forced to do what it's refused to do willingly, make dramatic changes in taxes and spending. if those changes happen automatically, the cbo estimates it would have a positive long-term impact. by comparison, it says current law is kept in place, output and income would be lower down the road. so here is another way to look at it. fast forward to budget projections. keeping tax cuts in place, extending most tax provisions and putting off spending
to hear the case. it could be a much narrower case about the defensive marriage act, it could be limited to considering whether couples in states where same-sex is legal and eligible for benefits and not a sweeping decision. the other parameter, of course, proposition 8 and a specific league question and referendum aboli abolished. a lot for them potentially to consider and the timetable up to them, ashleigh. >> very complex for people that don't follow courts on a regular basis to sort this out and i mentioned right off the top no fewer than ten cases that the justices could take up. >> yes. >> when you talk about the two areas, one of them as some court watchers say is dipping your toe in with the defensive marriage act and one way the supreme court could start the process of getting in to the cultural debate. the other one is prop 8 and two ways to go effect ily with prop 8. take up the case or don't cake up the case. what happens if they just don't take up the case? >> well, then same-sex marriage essentially becomes law in california and it was about the referendum. most court watch
is massive, massive defense cuts. that's going to be a topic here in washington today, terrell, when several ceos of the defense industry talk about the impact on their industry. >> susan mcginnis in washington this morning. thank you. kansas city authorities are still trying to piece together what prompted kansas city chiefs linebacker jovan belcher to murder his girlfriend and then kill himself. saturday's murder/suicide stunned the team, fans and nfl. but the chiefs played their best game the year beating the panthers 27-21. manuel bojorquez reports. >> reporter: amid the typical game day festivities reminders of a team tragedy. the coach greeted fans with a heart felt gesture just one day after watching linebacker jovan belcher take his life. >> it's tough when circumstance happen you can't undo them. so you have to rely on each other, rely on your family and friends and rely on your faith. >> it's going to affect the perkins family, the belcher family, his daughter for many years to come. not just today or in the next few weeks. >> reporter: authorities say belcher shot and killed cassa
deals we have a big cut to defense budget, nondefense. add up it it's 4.5% of the nation's g.d.p. that jus evaporates. >> schieffer: what do you, will happen? >> i didn't believe we would get as close to the wire. i sit in exphurk and look from the mark's perspective. i think there were great hopes that we would do better than we have so far. i am worried we will go over the fiscal cliff, in part to have a reset. if we any over, republicans could start talking about cutting taxes on the middle class, as opposed to keeping them up on the rich. and the democrats will could potentially get a better deal. we can see this has happened in europe. when you have this kind of brinksmanship over and over and over again, and you go back and forth, markets start to get very burden they've been very volatile. and i think businesses have been holding back on investments. you can see big capital spending by businesses in last four months has been way down, about 8%. there should be a boom going on right now. we have a construction market boom, we have an energy field that is booming. compan
up on the internet? now what his defense team wants you to know. stay close. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. well, with the walmart credit card special financing offer, you can get the sony blu-ray home theater system with wi-fi and the high zoom cyber-shot camera with full hd. look at you, spreading some christmas joy! my cart's kinda full. mind holding the? sure. you know what, muscle man, me and you together, we can knock this christmas thing out. this way, sweetie. [ male announcer ] get the season's hottest brands like the sony blu-ray home theater system. make an electronics purchase of $429 or more o
is the addressing defense issues nationally and globally. he told boyko borisov, they talk plan on talking about leadership in nato as well as involvement with the international security assistance force in afghanistan. the president will speak at the cooperative stlet reduction symposium at the national defense university. that program is based on a law that was response orders by senator sam nunn and is aimed a lot of weapons of mass destruction in former soviet union states. he will talk about the progress in the specific area of national defense. and the election was nearly a month ago, but many states are still tallying their ballots. the united states election project is gathering some of that data and as found 28 states are reporting their official and final results. according to that samples size 59% of eligible voters cast their ballots this november and in nevada .6% voted for none of the above in the presidential race. >> that's the only state allowing that option. be right back. alright, in 15 minutes we're going to do the young turks. i think the number o
was at home against cleveland. both teams with 3-8 records. the raiders defense has been giving up points at a record pace. weeden finds gordon for the touchdown. it was 13-3 cleveland in the third when oakland finally gets into the end zone, carson palmer to streeter. a 64-yard strike. the lead is down to three. with darren mcfadden still out with an injury, palmer threw 54 times for 351 yards and two two touchdowns but this pass is picked off. the rams went on a drive, richardson scores, 20-17 was the final. the raiders lose their fifth straight. they're now 3-9. >> an emotional win for kansas city today which beat carolina 27-21. the game was played one day after chiefs lineback baker javon belcher shot himself and his girlfriend. >> in golf, grandma -- graeme mcdowell won the world challenge. >> ama: omg, the text message is introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient
norb lanes of the freeway for three hours. >> people in menlo park are doing extra defensive driving after a tree blew down this morning. it came down with enough force to take down a small brick wall. nearby a power outage left drivers without signal lights for about an hour in the early afternoon. >> take a look what is going on in part of vallejo. this is newest mobile city, a trailer park, there is a lot of water with no place to go except for the park and into the trailers. several residents have evacuated the area. some cars didn't quite make it out. the water is expected to be there for quite some time. >> bart trains are running again after system power was knocked out twice today. a power shortage knocked out the electricity around 9:00. riders were stranded for about an hour. another circuit failure knocked out the computer system again. this time it took 20 minutes to get the trains rolling again. >> live look at san francisco from the east bay hills this evening, meteorologist leigh glaser is up next to tell us when the rain will be coming back. >> i'm rick kwan. the raid
and let our punter get on the field and let the defense play. >> is there any question who the starting quarterback is for next week. >> i the let you know -- i will let you know if there is a change. >>> the raider season went out of control. coming into play today, having lost 4 in ai row. 3-8. a visit from the browns might be what the team needed. the raiders trying to wash the last month from their memories. 3-0, cleveland. and browns, quarterback, the bob to josh gordon. he beats it. 44 yard score. 10-0. they led 10-3 at the half. 13-3. carson palmer, getting the 64 yard touchdown. the raiders earn it. down then-10. the 4th quarter, down by 3. the browns, in trouble. palmer going for the win. it is picked off by brown, a huge momentum killer for the raiders, then, the browns put it away. 3.5 left. getting it to make it 20-10. they scored a late touchdown. too little too late. oakland is now 3-9. >> we can not turn the ball over right there we have all of the momentum. moving the ball. and, and we can't -- we can't have that self-inflicted wound right there. you know, if it is not t
will start sunday. colin kaepernick took responsible for the loss afterwards. >> our defense played a great game. i -- i gave up those points on the score scoreboard for the rams. that is 100% my fault. >> tough one. we will have to bounce back very quickly. there is a football fight and we did not win it. >> yeah. raiders facing the browns that was bad. hadn't won in 13 games. almost two years on the road and the raiders were as bad as the y6mÑwomÑugly wet weather in as anybody knows. the coach leaves the team after the game for his ailing father. will be back by wednesday. meanwhile, weeden, 44-yard touchdown. 10-0 cleveland. carson palmer finds him, nice over the shoulder catch. 64 yards for the touchdown. 13-10. carson two touchdowns and a crucial interception coming right here in the 4th. kills the drive. raiders could have taken the lead on this drive. palmer a big mistake. 3-1/2 minutes to go and richardson waltzes in for the touchdown. 20-10. raiders fans let the team have it. they lose 20-17. 3-9, short week. they host denver on thursday night and that is it. we will see you late
entertainment period, the 49ers defense, they took over as they would be the talk and the toast of the town as the lines, they put the consistent pressure on dan marino, the likes of which he has never seen before. that enabled the secondary to pick off a couple of his passes. eric wright and carlton william doing so to feel that game and to open up the way for a quick celebration. >> the 49ers did lose one game this year, but it's been a perfect season. nonetheless as they rode their cable cars. reporting from stanford, i'm mark ibanez for ktvu channel 2 news. >> as you might expect following the 38-16 blowout by the niners against the dolphins, not incidentally $64,000 per man. here is a taste of what it was like. >> and joe montana, he's the best there is. i was a little upset to see that, you know, they were talking about marino more than joe. dan marino is a great quarterback, but all year long from what i could see, he filled it up into the crowd to let the two guys go get it. but joe montana is the kind of quarterback that takes care of you. he's going to throw it away or run it hims
to the defense of marriage act are also being considered. >> well, the flood threat in nef never is over. flooring that was expected never happened. it turned out to be colder than predicted. there was no -- more snow and less rain. the trinity river is now expected to crest below blood stage -- flood stage. >> we saw some blue ska skies. >>> we had a beautiful afternoon after a stormy morning. what a difference it was as we went basically from winter time weather to at least the sunshine. here's a peak outside. we have mainly clear skies ask that's allowing us to cool off. >> many of you are already down into the 40s, 47 right now for concord, 46 for liver more. can we -- santa rosa down to 44. a lot of rainfall, officially the air report received 4.0 inches. that's a lot, and it's actually more than we typically get in an entire average december. so a month's worth of wintertime rainfall we just received in the past five days but we are crystal clear. we'd like to stay that way until more rain moves from the north and it will be far less. it's not really round four, it's just rain. >>
on several cases involving the u.s. defense of marriage act which denies federal benefits to married same-sex couples. the next conference will take place try day >>> oscar grant case in court again today unarmed oakland man shot to death by police officer johannes mehserle in 2009. officers for other officers involved in that shooting are appealing a federal judge's ruling they are not immune from liability in the family's civil suit against bart. the jury found mehserle guilty of involuntary manslaughter. >>> head of muni has a plan to appease critics of the city's central subway plan. muni chief wants to extent the central line through chinatown north along stockton street into north beach. he wants a station built at old pagoda theater on columbus and powell. north beach residents have been vocal about the disruption. the current plan calls for tunneling to extend into the area so drilling boards can be brought to the surface, but -- but it does not include a station there. he says depends on funding. >>> the white house is waiting for the next move from congressional republicans. th
remember you know how i devour books and i am the only criminal defense attorney in possession of such a treasure. do you remember when we spent that long evening together at an airport and either coming in or leaving new york city and i had the book and had martinis and we read the book together and you loved one line "female criminals can be unwidely uncunning" and we had that conversation about why airportings never have clocks and after that i saw you two times and more sorrow and the first is when you family were in the gold country and i met you there before we went back to our house. although it was summer rain pored all day long. the pewter sky was inseparable from the horizon and you my brother and by that time were also becoming inseparable from the horizons of your illness and the line between you it and were blurring. it was during that first visit i understood that you would die and not eventually but sooner than that you. you were in a wheel care and -- chair and we waited while abbey and the boys got the care. it's the first time we were alone together.
secrets. we showed what the ingredients are and it took a six months but we got the environmental defense fund to claim victory and have halliburton claim victory. here is a transparency, set of regulations that will protect the public and settle down all the hysteria and kirk -- furor about fracking. i did it when i was a kid diyala this. how do we get past that fear and uncertainty and create some sort of predictability to business needs? that became a symbol for our issues. to find the appropriate compromise so we can get on to the next problem. >> would you like to bring us up-to-date on california? maybe give us a sneak preview of the may revise briefly. >> where selling bonds and we're not disclosing materials between now and then. we just have to wait. it will be interesting. that i promise you. the basic fact is california increased its production of wealth, the state of 38 million people and all businesses. the economy is somewhat under $2 trillion. there is dynamic wealth creation in many respects. since the time i was last governor, a lot of people and businesses have moved els
the legality of prop 8. the high court also took no action on several cases involving the u.s. defense of marriage act which denies federal benefits to married same-sex couples. the next conference will take place try day >>> oscar grant case in court again today unarmed oakland man shot to death by police officer johannes mehserle in 2009. officers for other officers involved in that shooting are appealing a federal judge's ruling they are not immune from liability in the family's civil suit against bart. the jury found mehserle guilty of involuntary manslaughter. >>> head of muni has a plan to appease critics of the city's central subway plan. muni chief wants to extent the central line through chinatown north along stockton street into north beach. he wants a station built at old pagoda theater on columbus and powell. north beach residents have been vocal about the disruption. the current plan calls for tunneling to extend into the area so drilling boards can be brought to the surface, but -- but it does not include a station there. he says depends on funding. >>> the white house i
2013 for military activities of the department of defense and so forth and for other purposes. signed by 18 senators. the presiding officer: by unanimous consent, the mandatory quorum has been waived. the question is is it the sense of the senate that the debate on senate bill 3254, an original bill to authorize appropriations for fiscal year 2013 for military activities of the department of defense for military construction, and for defense activities of the department of energy, to prescribe military personnel strengths for such fiscal year, and for other purposes, shall be brought to a close? the yeas and nays are mandatory under the rule. the clerk will call the roll. vote: vote: the presiding officer: are there any senators wishing to vote or to change their vote? seeing none, on this vote, the yeas are 93, the nays are 0. 3/5 of the senators duly chosen and sworn having voted in the affirmative, the motion is agreed to. the senator from michigan. without objection. mr. levin: madam president? the presiding officer: the senator from michigan. the presiding officer: the senator fr
on same-sex marriage. the court may take up federal defense of marriage act which bars federal benefits to same-sex couples flash flood the court does review prop 8, a ruling will come -- before june if the justices refuse to hear the case lower court decision declaring the ban unconstitutional would stand allowing weddings to resume within days. stay with the abc7 morning news if announcement comes during this newscast we'll buy it to you right way. >>> storm watch in the aftermath of weekend storms that hit northern california one of the hardest hit areas in a lafayette neighborhood big sinkhole there we have a reporter on scene we'll tell you more. on mountain view near mount diablo boulevard. we'll check in with amy hollyfield. >>> people who live in a vallejo mobile home park are back home after being flooded out over the weekend. the mobile park was under water yesterday as a creek feeding the lake overflowed whitewater rapids flowing through the middle of that mobile home park. this morning the water has receded things still muddy, nobody was injured. >>> pg&e crews still out thi
head, and ended it. his head coach, the defensive coordinator and general manager could not stop him. >> to coaches, and another employee, trying to beg with the guy. four guys standing there trying to negotiate with him. (inaudible). >>shepard: one in the head. the murderer did not survive. doctors pronounced the girlfriend dead at the hospital. the couple's three-month-old daughter now parentless. yesterday, the kansas city chiefs played as scheduled. the head coach there said he thought the game should go on despite it all. as for what he witnesses in the parking lot, he said this. >> i'm choosing not to answer any questions about what i saw yesterday. i think you will understand that and hopefully you will respect my wishes on that because it wasn't a pretty sight so i am choose not to talk about it. >>shepard: there was a moment of silence before the game for victims of domestic violence. investigators are looking to see what turned him into a killer. traumatic brain injury may have play add role. why the speculation? steve brown is in our newsroom. what is the source of this? >
about energy when it was a forbidden topic in the defense department. this was through 2004. i got funding from the department of defense and it created the energy conversation. i want to get to a point that was brought up in number of times, having the american public understand this unbelievably complex story. i recommend you all watch alan alda's vido, "the flame." he asked what it was money was small and could not get an answer. he went up was done every university and they put on a worldwide contest to explain what a flame is to 11 year-old. they had 600 submissions and 6011 year old evaluated this. keep in mind how complex that is. i bought a book two weeks ago called "black gold" for my granddaughter by albert marin. i recommend of the academics in this room or anywhere. not many people are going to read or understand your report. a lot of what needs doing telling this story as that it has to be visual because it is so unbelievably complicated, interdependence, integrated, and for most of us, it just looks like chaos. i'm going to suggest that you do things like kids were st
from defense, medicare and farm suddies are slashed. geithner and bane spinning away on the sunday talk circuit. i'd roll the video but we prefer you stay awake for the segment. listen to rush limbaugh shed some light. >> why would he want to go over the cliff? what happens when we go over the cliff? democrat orgasm happens. taxes go up for everybody. nirvana to these people. >> eric: i will disagree with rush. it's good for the g.o.p. to call obama's bluff. one or two results will follow us over the cliff. we go back to recession. that will hurt but the economy will roar back. maybe, just maybe, zombies for obama will realize he has no clue when it comes to the economy. or we don't double dip to the recession. and the debt dissolves to pay the way for the 2016 conservatives. take your chance and take medicine now. over the long run, better for >> kimberly: call his bluff. be strong at the negotiating table to make sure you can do what is best in interest of the country. these are tough time and you have to stand your ground. if you look at the recent polling, obama dropped three points
is proposing additional defense cuts in this, for example. >> bret: okay. congressman i haven't heard anything new that you are giving them. so hopefully the door is open for some more negotiations. >> i would hope, let me say i hope when it comes to medicare reform they would agree that the better way to do it is to reduce healthcare costs overall. not simply transfer the costs. after all, the medicare system, in terms of the per capita growth in increase and cost has been slower than the per capita increase in cost in the private health system. it's really important to keep it in mind as we talk about reforming the programs. >> bret: okay. congressman, good luck. >> thank you. >> bret: manufacturing in november shrank to the weakest level since july of 2009. impact of super storm sandy and worry over possible tax increases are blamed. stocks were down today. the dow lost 60. s&p 500 dropped 7. nasdaq was off eight. halftime comment that had critics putting in full-time online and on twitter. that is later in the grapevine. up next, could new epa regulations topple one of the country's big in
cuts and entitlements or at least reform there. hasn't heard as much from defense. you are from a state that relies on that defense budget. it will get cut substantially. where does defense end up if we do get a deal? >> everybody wants to avoid sequestration. lots of my friends in the defense industry say don't do sequestration. do simpson-bowles indicating they have not read simpson-bowles because it was almost as high as sequestration in the top number. the numbers are roughly within the budget control act over ten years about $480 billion of defense cuts. sequestration almost doubles that. i think you'll see something north of 480 billion. substantially lower than that 950. what folks in defense industry have said is in addition to giving us a number, give us the ability to plan. one of the things that hobbles our defense industry more than anything is the absurd way we have run the federal government on three and six-month continuing resolutions. give us a window to plan and any legitimate business can plan against the budget. give us that number. >> some see that debt limit contro
is not in the plan. we proposed along side trillion in spending cuts that we agreed with republicans on defense and range of programs. we proposed 600 billion of detailed reforms and savings to our health care government programs. in fact the health care savings in that plan are larger than in the republicans in the past. >> gretchen: i understand why tim geithner is the guy to do the negotiations, my question why is it tim geithner. the treasury secretary is not supposed to be a political position. do republicans lovtim gite goit they thought they would get a deal done if it is the treasury secretary stopping by or should the president sit in the meeting. to your point brian, about making the campaign stops. it is because in a weird way they are wasting time until we get to the actual cliff. >> steve: sure. that is the pres pice. grover norquist said why don't we just get the c-span and watch the sausage being made. it could be too scary. >> brian: they had him out there and he defended himself yesterday. he's doing a good job exactly defining what he's going for. he's not the angry guy everyo
cut. defensive stocks also helped you push the asx 200 higher. sensex trading lower by 0.3%. back to you. >> all right. here we are european stocks, first trading day of december, an hour and ten minutes in to the session. not bad last month. ftse up 1.5%. we're weighted to the up side a little bit more than 7:2, advancers outpacing decliners on the stoxx 600. ftse up 1.5% last month, dax up 2, contact 340 up nearly 4%, xetra dax up 0.4%. the ibex fairly flat. let's show you where we are with bond rates, as well. we'll take a look at gilts. slightly lower, 1.77%. big day for uk. manufacturing pmis out for the month of november. italian and ten year sbpanish yields are also lower. down on the greek announcements, but substantially below 6%. ten year bunds 1.37%. those yields slightly higher. on the currency markets, we talked about this euro-dollar six week high. below that at the moment, but not by much. dollar-yen moving off the 7 1/2 month high at 82.17. aussie dollar weaker despite the good chinese data. dipping below 1.04 earlier on. we had retail sales data that was a little
has begun moving chemical weapons. a senior defense official said the activity started in just the last few days. seconds ago, a strong warning, directly from the white house. welcome to "america live." i am making kelly. earlier today, secretary of state clinton publicly board bashar al-assad's regime. this comes after terrible violence of syria this weekend. this is video received on saturday. small towns being bombarded, sending innocent families and women and small children once again running for their lives. a short time ago, the united nations announced it is withdrawing all nonessential personnel from the country. as the possible threat of chemical warfare now looms. look at these families. look at this. along with an active chemical weapons program, syria has ballistic weapons program with deadly gas. they have vast amounts of nerve agents and finite, all decide to cause fetal death. this from the white house moments ago. >> is the opposition makes teaching expenses, the bashar escalationgime, we have been of weapons used against the syrian people. as the president has
propose alongside the trillion dollars in spending cuts we agreed with republicans, last year, on defense and a range of other government programs, proposed $600 billion of detailed reforms and savings, to our health care and other government programs, that is $600 billion. in fact, the health care savings in that plan, are larger than the plans we have seen republicans in the past in the context -- >> was that in the budget. >> these proposals -- we proposed these last fall and in the president's budget, they are very detailed and -- >> that was a budget voted down 99-0 in the senate. >> a lot of politics in the town, and it is carefully designed set of reforms and if they want to go beyond the reforms and do it differently they should say how. we can't do -- >> what if they were to propose the republican budget they passed? they passed the last two years. >> there is no risk they'll do that, chris. >> chris: wouldn't it be as serious as you proposing your budget. >> the american people have taken a long time to take a careful, hard look at the plan and found no merit in it. so, the repu
alongside the trillion dollars in spending cuts, we agreed with republicans last year on defense and other range ever programs, we proposed $600 billion of detailed reforms and savings to our healthcare and medicare programs. that's $600 billion. in fact, the healthcare savings in that plan are larger than the plans we've seen republicans in the past. >> is that what was in the budget? >> these proposals, we proposed these things last fall and in the president's budget. they are very detailed. >> but that was a budget that was voted down 99-0 in the senate. >> this is a lot of politics happen in this town. but this is a very carefully designed set of reforms and if republicans would like to go beyond these reforms or do it differently, they should tell us how they want to do it. >> what if they were to propose the republican budget that they passed, that they passed the last two years? >> there's no risks they are going to do that, chris. >> wouldn't be as serious as you proposing your budget. >> but the american people took a long time to take a careful, long look at that plan, and they f
. it was previously struck down by a u.s. appeals court. some challenges to the federal defense of marriage act are also being considered. >>> and newly elected members of the state legislature will all be sworn in today in sacramento. the assembly will go first with a ceremony at noon. that is followed by the state senate at 3:30. both houses of course reshaped by last month's election as voters gave democrats two- thirds of majority that allowed them to raise taxes if they choose without any republican support. >>> on capitol hill, there are just 29 days left for lawmakers to get together and find a way of avoiding the so-called "fiscal cliff." if a budget plan is not approved by year's end, automatic tax hikes and across- the-board spending cuts will take effect. but democrats and republicans seem to keep digging in their heels speaking on the sunday news talk shows. >> the president and the white house have had three weeks and this is the best we've got? >> what we can't do is try to figure out what works for them. they have to tell us. >> if congress doesn't act, america will ring in the n
to be the case. others are, qatar and others in the region are supplying man portable air defense systems, shooting down planes as a result and helicopters of the syrian army. in two weeks or so there will be a conference to confer legitimacy on the opposition from a political standpoint. the u.s. right now is mostly supplying humanitarian articles but the pressure is rising on the military side but doesn't appear any indication they will do that yet. >> on thursday the u.n. again ram assembly voted to recognize palestine as a state. and now we have the news of israel announcing on friday expanding its settlement in the west bank and east jerusalem. on top of that britain, france and sweden summoned the israeli ambassadors to their country to condemn this move and france and england have said there is an appetite to disapprove of israel right now. what's happening to the tense situation there? >> the israeli response of calling for a settlement construction is a response that's viewed negatively across the international community by the united states as well as in many parts of israel its
afternoon. that left supporters of california's proposition 8 and opponents of the federal "defense of marriage act" hoping for action on those issues today. >>> a former bay area boy scout will be honored in sacramento this afternoon. 18-year-old ryan andresen was forced to leave his moraga troop because he is gay. he will be recognized for his bravery today by state assembly speaker john perez. >>> republicans and democrats are in a stalemate in negotiations to avoid that "fiscal cliff." as susan mcginnis reports, key players took to the sunday talk shows to make their case. >> reporter: the white house is already decorated for the holidays, but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. treasury secretary timothy geithner was on capitol hill to present the plan to congress. >> i was flabbergasted. i looked at him, i says, you can't be
is not identified in this proposal. so what does that mean? all those defense cuts we heard so much about, essentially the answer is there's enough savings in this plan that could -- that we could deal with the sequester, saying there could be a punt on the sequester by the savings on this plan. there's a lot of information in here. it's very wonky. obviously, this is drawn out between the geithner and lou and boehner's people, but we see a new offer from speaker john boehner that he is not the house republican budget. they're trying to move more to the middle, and they believe this is the best way to do so, guys. >> on that $600 billion in health savings, do we have any clarity on what that would be? bahama ca obama care, medicare, medicaid? >> from the briefing it pertains to medicare and medicaid. the one specific thing we got is part of the health savings in the $600 billion mark would come from raising the medicare entry age from 65 to 67. something that the house republicans have talked about before. that is very much a big part of that 600 billion in health savings. >> thanks, luke
of the gridiron society and john feehery is a republican strategist. grover, you're playing defense here. one man elected to nothing. the fact that saxby chambliss comes up, i don't have to live up to some pledge i made 20 years ago and calls up and has grover on the phone going through the transcript of what he said and he's apologizing for each segment as it. what's going on? a senator has to kiss butt to this guy? >> i have known grover for a long time and i like him and he representing -- >> you're afraid of him too. >> i'm not afraid of him. he represents a cause and he's been amazingly successful because taxes have gone down for a long time because of grover. what do we nou because taxes are automatically going up. republicans understand if you have to cut a deal, you have to cut a deal eventually. i think it's easier to cut a deal after the taxes automatically go up then you're fighting for tax cuts, not tax increases, but we'll see. and the fact of the mat ser that grover is just a vessel for a bigger issue. taxes used to be -- >> he seems to be calling the shots. >> he's not calling the
the president is dealing with one of many pressing issues. he's about to speak at the national defense university on efforts to secure nuclear weapons. and as the president faces security demands on the global stage, he's proving as tough a negotiator as republicans have ever seen on the fast approaching fiscal cliff. in the last hour house republicans presented a counteroffer to the president's plan including $800 billion in savings through tax reform with no tax rate hikes. john boehner blasting the president's, quote, la la land offer. that just moments after the president took his plan to the people answering questions about the fiscal cliff on twitter, and with less than a month to go, the white house dispatched treasury secretary tim geithner to five sunday talk shows to declare tax rates on the wealthy are going up one way or another. >> if the republicans say, sorry, no way are we going to raise rates on the wealthy. you guys are willing to go off the fiscal cliff? >> it republicans are not willing to let rates go back up, and we think they should go back to the clinton levels,
. >> should have just kept it and let the clock run and let our punter get on the field and let our defense play. >> is there any question whether you'll be back in for next week? >> i'll let you know if there is a change, but right now i think the field will be the same as it was this week. >> the raiders trying to wash away the last month from their memory. second quarter, 3-0 cleveland, wheaton with a bomb to gordon. 44-yard score, 10-0 browns. they led 10-3 at the half. late third quarter, 13-3 cleveland, carson palmer pump fake, now in for a 64-yard touchdown. the raiders offense makes a play and oakland is back in it, down 13-10. and fourth quarter, it is still 13-10, the raiders driving and palmer looking for the win but it is picking off by sheldon brown. brown put it away with 3.5 left. richardson up the gut to make it 0-10. the raiders did score late, too little too late, 20-17 is the final. >> we can't turn the ball over right there. we have all of the momentum and we are moving the ball and we can't -- we can't have that self-inflicted wound right there. if it is not there, we h
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